MERCOSUL
InactiveMERCOSUL was declared bankrupt on 20-11-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 03-02-2026, published in the Belgian State Gazette on 16-02-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 14-02-2023, 198 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
198 d late
2020
102 d late
2019
83 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-38k▲ 22.9%
2020 · €-49k
2018: €-8k
2019: €2k
2020: €-49k
2018 → 2021
Working capital
€-97k▼ 58.2%
2020 · €-61k
2018: €-21k
2019: €-19k
2020: €-61k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€3k-€5k▲ 56.0%€-45k€-82k▼ 85.0%
Operating result€-5k-€2k€-49k€-37k▲ 25.1%
Net result€-8k-€2k€-49k€-38k▲ 22.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2021 against €49k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €37k
Fixed assets
€15k▼ 12.3%
Current assets
€22k▼ 23.7%
Key figures and ratios
EBITDA
€-34k▲
2020 · €-46k
Cash flow
€-35k▲
2020 · €-46k
Solvency
-220.7%▼
2020 · -96.0%
Current ratio
0.19▼
2020 · 0.32
Quick ratio
0.14▼
2020 · 0.32
Debt / equity
-1.45
ROA
-101.4%▲
2020 · -105.9%
Interest coverage
-22.26
Debt
€120k▲
2020 · €91k
Debt ≤ 1 year
€120k▲
2020 · €91k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€46k€37k▼
Fixed assets21/28€17k€15k▼
Tangible fixed assets22/27€7k€4k▼
Furniture and vehicles24-€550
Other tangible fixed assets26-€3k
Financial fixed assets28€10k€11k▲
Current assets29/58€29k€22k▼
Stocks and contracts in progress3-€6k
Stocks30/36-€6k
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40-€1k
Other amounts receivable41-€4k
Cash at bank and in hand54/58€434€12k▲
Equity and liabilities
Total equity and liabilities10/49€46k€37k▼
Equity10/15€-45k€-82k▼
Contributions10/11-€18k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-64k€-102k▼
Amounts payable17/49€91k€120k▲
Amounts payable within one year42/48€91k€120k▲
Financial debts43-€93
Credit institutions430/8-€93
Trade debts44€63k€47k▼
Suppliers440/4-€41k
Bills of exchange payable441-€6k
Taxes, remuneration and social security45-€7k
Taxes450/3-€6k
Remuneration and social security454/9-€947
Other amounts payable47/48-€66k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8-€2k
Gross operating margin9900€-33k€-31k▲
Operating profit (loss)9901€-49k€-37k▲
Financial income75/76B-€230
Recurring financial income75-€230
Financial charges65/66B-€2k
Recurring financial charges65€293€2k▲
Profit (loss) for the period before taxes9903€-49k€-38k▲
Profit (loss) for the period9904€-49k€-38k▲
Profit (loss) for the period to be appropriated9905€-49k€-38k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-102k
Profit (loss) brought forward from the previous period14P-€-64k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · MERCOSUL AVENUE DOCTEUR LEMOINE 11, 1070 ANDERLECHT. déclarée le 20 novembre 2023 · event 03-02-2026
2023
24-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · MERCOSUL AVENUE DOCTEUR LEMOINE 11, 1070 ANDERLECHT · event 20-11-2023
14-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 198 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
31-12
Financial
Weakest financial yearnet €-49k ▼3089%
Net result drops to €-49k, the lowest in the series.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 83 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
20-11-2023 → present |